“This is serious business, folks. The future is not going to arrive ‘someday.’ For the billions of people who spend a huge portion of their income on food and fuel, it has already arrived.
Looking at the above chart of the past 12 months, what we see is that everything, from metals to stocks to bonds to grains to energy, has experienced profound price increases. That pretty much covers everything you need to live on and the bulk of the paper universe. Such a chart is a historical rarity for any one country, yet it currently happens to apply to the entire world. You are living in historic times, which certainly belabors the obvious.
Your Lying Eyes
On the flip side, the story we are being told almost daily is that inflation is very low — too low, even — in a worrisome sort of way. I am reminded here of an old Richard Prior skit where his wife walks in on him in bed with another woman. To her increasing agitation, he denies that he has been cheating on her, finally shouting, “Who are you going to believe, woman? Me, or your lying eyes!?”
Well, my lying eyes see something very different in that chart above from what I am being told; instead of worryingly low inflation, I see rapidly rising inflation that is very close to slipping out of control.”
http://www.chrismartenson.com/blog/how-long-can-party-in-stocks-last/52040
Even the Post Office admits there’s inflation; they cite it as the justification for their April ‘11 rate increase.
>>>>> "This is serious business, folks. The future is not going to arrive 'someday.' For the billions of people who spend a huge portion of their income on food and fuel, it has already arrived. Looking at the above chart of the past 12 months, what we see is that everything, from metals to stocks to bonds to grains to energy, has experienced profound price increases. That pretty much covers everything you need to live on and the bulk of the paper universe. Such a chart is a historical rarity for any one country, yet it currently happens to apply to the entire world. You are living in historic times, which certainly belabors the obvious.
Your Lying Eyes
On the flip side, the story we are being told almost daily is that inflation is very low — too low, even — in a worrisome sort of way. I am reminded here of an old Richard Prior skit where his wife walks in on him in bed with another woman. To her increasing agitation, he denies that he has been cheating on her, finally shouting, "Who are you going to believe, woman? Me, or your lying eyes!?"
Well, my lying eyes see something very different in that chart above from what I am being told; instead of worryingly low inflation, I see rapidly rising inflation that is very close to slipping out of control." <<<<<
http://www.chrismartenson.com/blog/how-long-can-party-in-stocks-last/52040